LTC Falling Wedge patternLitecoin is looking like a falling wedge.
If it breaks out the first target would be 0.01000 BTC.
LTCBTC trade ideas
Litecoin 50% undervalued vs BitcoinLitecoin has potential for a 50-60% gain vs Bitcoin. It's one of the longest standing coins so has decent Lindy properties. It's also lagging behind the market and could be potentially overdue to re-test all time highs.
LTCBTC Gigaflip IncomingThe LTCBTC pair has bottomed out or is close to bottoming out. When the monthly MACD flips, it will induce an LTCBTC Gigaflip. Given behavior in coins like DOGE/BTC showing more strength than ever before, I think LTC may reach a new ATH on the BTC pair as well. Moreover, LTC is available through Grayscale for extra pump potential.
Disclaimer: I don't care at all about Litecoin as a coin. Nothing they can add to it makes it better than a million other coins out there. That being said, a privacy upgrade (mimblewimble) is scheduled for end of Q1, somewhere in Q2 max. Could add to the pumpening but could also delay the starting point until we have confirmation it's making it's way to mainnet.
Bullish divergence on WeeklyLTCBTC looking beautiful on weekly time frames.
I've noticed that price tends to go back to where the divergence started, if that's true then we could see 0.007.
LTC bullish signs + great volume - someone is accumulating = upYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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LTC will gain on BTC for coming days last chart on ltc was a mistake
it appears much stronger than I thought.
LTCBTC Litecoin has underperformed compared to btc and also other altcoins.
Volume increasing and braking descending triangle..
Daily USD chart is super bullish. Litecoin can easily give 2X returns this February.
Broken arrowLTC has failed to breakout of downwards trend.
as LTC was already very low capitulation will follow.
If you were a fan I'm sorry , bad news is never nice besides from losing competition is never good.
Litecoin Bullish EngulfingYesterday we had a full absorption with the "bullish engulfing" pattern showing up (highlighted in light blue) on the daily LTCUSD chart.
We also have bullish divergence with the MACD and prices starting to move above EMA10.
This can signal that Litecoin is trying to go bullish.
We also have a lower low compared to Nov., the weak hands have been removed and the stops activated.
This pair can easily move up.
Namaste.
what is this chart telling us??? Someone explain?? Can someone tell me..what are we expecting here???
LTCBTC - Bottom found - expect a continued rise from hereLitecoin finally bled to death from Bitcoin and rallied up today, the bottom has been found & the trend reversal is getting re-tested before we continue to move up
LTC Simple Analysis, Is it the final bottom? huge Volume and falling wedge pattern, which implies final bottom.
LTCBTC Absolute BeautyBottoming out at the wick from BTC's peak in DEC 2017 @ $20,000. If we lose this support either LTC dies, or BTC pumps over 100% in the next week or two.
I'm betting a slow grind up as LTC outperforms relative to BTC
Litecoin Buying opportunity The Bullish divergence forming on the weekly falling wedge pattern appears suggests that Litecoin is reaching a reversal point against Bitcoin. The Flare snapshot should serve as a catalyst for this move. The XRP Trade going into the Flare snapshot turned out to be very profitable for me, and I plan to participate in it for litecoin also. Buy and hold Litecoin.
Target 1: .007
Target 2: .012
Crypto|LTC/BTC|LongLong LTC/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level of the consolidation zone after the fall.
* Possible closing of a trade before reaching the take/stop zone.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - the stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
LTC's massive descending channel = massive breakdown to ATLLTC is trading in a very large descending triangle which in theory is bearish. If the support on the bottom of this channel does not hold, which has already been tested more than 10 times on the 4hr indicating that it is losing its strength with every test. This might be the last time this support can keep LTC here and if LTC breaks this support and trades lower we can see it reach All Time Lows which is not something you want to see for alts.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long LTCOther top alts have pumped hard while LTC seems to be only following BTC's tail.. I believe once the 4H candle in the LTCBTC chart closes above the upper triangle, its LTCs time to fly. If it doesn't, then LTC bulls would still have to wait some more.
